The past week has been a rollercoaster ride for Wall Street, with unexpected turns in trade negotiations, surprising oil market reactions, and tech giants reaching new heights.
Here’s a quick recap of the top stories that kept the financial world buzzing over the weekend.
Trump’s Trade Turnaround
In a shocking move, President Donald Trump abruptly halted all trade negotiations with Canada, sending Wall Street into a frenzy. The President announced on Truth Social that Canada’s new Digital Services Tax on American tech companies was “a direct and blatant attack on our Country.” This sudden reversal sent investors scurrying from risk assets, dampening the earlier optimism.
Oil Market Defies Expectations
Contrary to predictions, oil markets crashed by over 7% to …